BEAST, a Blockchain Enabled Automobile Solution Tool, has been designed and developed to digitally transform key operational processes of the Automobile industry. It encompasses the best of Blockchain technology and Artificial Intelligence, to ease the way of doing business starting from Automobile ancillaries to Automobile manufacturers.
Beast is a collaborative platform for all stakeholders in the automobile sector including Logistics and Banks, which connects everyone through the Hyperledger Blockchain Consortium by SAP Leonardo. It focuses on critical business areas such as Supply Chain Management, Insurance Claim, Product Recall Process and Warranty Claim.
In order to continue to remain relevant to this industry, there is a need for businesses to adapt and grow with the changing business processes and systems. Technological innovations and enhancements play a key role in making businesses more efficient, cost relevant and updated with the changes in the market. The more powerful a solution, the simpler operations become, added to which common challenges within the automobile industry such as inefficient recall management, supply chain logistics, counterfeiting and lack of visibility into business processes, is resolved.
Bringing digital transformation and technological enhancements to these process through the SAP Cloud Platform (SAP Leonardo Blockchain, SAP Leonardo Machine Learning and SAP Leonardo Predictive Analysis), drives business to maximum efficiency. An SAP certified solution, Beast delivers the best of all worlds for the Automobile Industry.